AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Putnam Closed-End Funds Announce Distribution Rates
ByAinvest
Tuesday, Jul 8, 2025 8:05 am ET1min read
Franklin Templeton has announced distribution rates for its Putnam Closed-End Funds. The funds include Putnam Master Intermediate Income Trust, Putnam Managed Municipal Income Trust, Putnam Municipal Opportunities Trust, and Putnam Premier Income Trust. Distributions range from $0.0220 to $0.0393 per share and are payable on July 31, 2025. The sources of the distributions are estimated to be a combination of net investment income, short-term capital gains, and return of capital.
Franklin Templeton has announced distribution rates for its Putnam Closed-End Funds, including Putnam Master Intermediate Income Trust, Putnam Managed Municipal Income Trust, Putnam Municipal Opportunities Trust, and Putnam Premier Income Trust. The distributions are scheduled to be payable on July 31, 2025, with rates ranging from $0.0220 to $0.0393 per share [2].The sources of the distributions are estimated to be a combination of net investment income, short-term capital gains, and return of capital. For example, the Putnam Premier Income Trust is estimated to pay $0.0161 per share from accumulated net investment income, $0.0020 per share from short-term capital gains, and $0.0079 per share as a return of capital [2].
The announcement comes amidst a period of strong market performance, as indicated by Franklin Templeton's preliminary month-end assets under management (AUM) of $1.61 trillion at June 30, 2025, compared to $1.57 trillion at May 31, 2025 [3]. However, this was partially offset by preliminary long-term net outflows of $1 billion, including $4 billion at Western Asset Management.
Investors are encouraged to consult the fund's websites for more detailed information, including full holdings and top 10 holdings, which will be available monthly [2]. For further updates, investors can visit the Investor Relations and News Center sections of Franklin Templeton's website.
References:
[1] https://finance.yahoo.com/quote/PPT/
[2] https://www.nasdaq.com/press-release/franklin-templeton-announces-distribution-rates-putnam-closed-end-funds-2025-07-08
[3] https://finance.yahoo.com/news/franklin-resources-inc-announces-preliminary-194500177.html
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet